27 Russell Street Melbourne VIC 3000

CBRE Melbourne are delighted to announce the sale and settlement of 27 Russell Street, Melbourne sold prior to a formal on-market Expressions of Interest campaign.

The ground floor retail shop was leased to Whisky Den and through a targeted off-market process sold prior to an on-market Expressions of Interest campaign with our CBRE team generating three (3) formal offers.

The property was sold to a local investor on a 5.02% net yield reflecting one of the sharpest yields for ground floor retail properties in the Melbourne CBD for 2024.

For any further questions, please contact the below CBRE Melbourne agents:

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

*Denotes Approx.